Soon upon us, Black Friday marks the commercial kick-off to the holiday season.
The event conjures images in our minds of rabid shoppers rushing into stores to take advantage of slashed prices off high-ticket items they want, often with mobs pressing at the entrance doors at the big box and brand stores.
In recent years, the stereotypical rush has abated somewhat with the advent of e-commerce and the associated narrower margins and often substantial and difficult to compete with discounts afforded by online retailers.
There is no doubt that e-commerce has taken away at least a little madness from the historic frenzy of Black Friday.
Whatever your plan is for Black Friday this year, whether you want to brave the crowds or surf the web for the best deals, here are a few things to help you on your quest.
When is Black Friday?
Black Friday is always the day after Thanksgiving, which, this year, falls on November 23, followed with Cyber Monday on November 26, 2018.
Keep your eyes peeled for early deals, which some stores may end up offering.
How did Black Friday earn its dark name?
The name came about after a police officer from Philadelphia had to work a 12-hour shift in that madness and decided it deserved a gloomy name.
Not every store is open for the event, as some retailers prefer to keep their doors closed on Black Friday, in fact, some employers give their whole workforce the day off on Thanksgiving as well.
This year Home Depot, IKEA, Costco, H&M, Lowe’s, Nordstrom, Sam’s Club, Publix, and REI will not be open on Thanksgiving.
How much can you save, realistically?
This is a well-kept secret and not many retailers have given out this information yet.
Likely what we will see are stores announcing their deals in early November and early bird deals are expected to begin around the second week of November.
Some retailers are announcing changes this year which aren’t Black Friday specific.
For example, Best Buy and Target are making changes to shipping for the holiday season. Specifically, Best Buy is offering free shipping during the holiday season and Target will extend its free two-day shipping until Christmas.
There is a growing rumour that Costco is looking at luring the techy crowd with 9.7 inch iPad for $249.99, a 14 inch HP Chromebook for $199.99 and a Dell Inspiron 11 3000s for $199.99.
Walmart will likely be your best price for a 4k TV, along with exclusive video game console bundles.
Almost everyone out there is looking to score something special for a great price.
What’s on your Black Friday shopping list this year?
Sonia Rina Davies is a passionate entrepreneur, speaker, author, and personal development coach. She is an outspoken advocate of the free market economy and has helped countless clients identify their core values, envision and realize goals that resonate with those values. She oversees several businesses both online and offline.